Thumzup Media Corporation, backed by Donald Trump Jr., has raised $50 million to expand its cryptocurrency mining operations and digital asset investments. The company plans to deploy capital toward advanced, energy-efficient Bitcoin mining infrastructure and diversify its crypto treasury, including Bitcoin, Ethereum, Dogecoin, and Solana. Thumzup also expanded its partnership with Coinbase, establishing a Bitcoin-backed …
Arkham Intelligence data shows SpaceX holds 8,285 BTC, worth over $1 billion. The company first bought Bitcoin on December 31, 2020, and made its last purchase on June 10, 2022. SpaceX has held its BTC since, with no major sales, placing it among the world’s largest corporate Bitcoin holders as of August 2025.
Eric Trump reports that major U.S. banks—including Capital One, JPMorgan Chase, Bank of America, and First Republic—closed hundreds of Trump-linked accounts without warning in 2025. He cites these closures as the reason the Trump family turned to cryptocurrencies like Ethereum for financial operations. The move has fueled debate over political motivations in banking, with Eric …
Ethereum’s market capitalization has surged to around $566 billion, briefly surpassing Netflix and Mastercard in value. This rise places Ethereum as the 22nd largest global asset, reflecting strong investor interest fueled by its expanding role in decentralized finance, NFTs, and Layer 2 scalability solutions. Ethereum continues to gain traction as a major digital asset, with …
Over the past 24 hours, Ethereum traders have endured $296.55 million in liquidations as market volatility surged. Sharp price movements triggered the forced closure of leveraged positions across major exchanges. Short positions were hit the hardest, with rising prices intensifying losses for bearish traders. This spike in liquidations signals increased speculative activity and highlights the …
Metaplanet’s Q2 2025 report reveals it holds 18,113 BTC, ranking fourth worldwide and first in Asia. The company raised 242.2 billion JPY to buy Bitcoin this year and achieved an impressive 468.1% BTC yield. This strong performance highlights Metaplanet’s leadership in the Bitcoin treasury space and its strategic focus on growth through cryptocurrency investments. The …
Standard Chartered has significantly raised its Ethereum price targets, now predicting the cryptocurrency will reach $7,500 by the end of 2025, compared to its previous forecast of $4,000. The bank also expects Ethereum to soar to $25,000 by 2028. This upgrade reflects growing optimism about Ethereum’s future, fueled by its expanding real‑world applications and rising …
OKX announced a major upgrade to its X Layer blockchain, boosting performance and focusing on DeFi and payments. As part of this, OKX permanently burned 65,256,712 OKB tokens from reserves and buybacks. The OKB smart contract was upgraded to remove minting and manual burns, fixing the total supply at 21 million. OKTChain will be phased …
Odin.fun, a Bitcoin-based memecoin launchpad, suffered a major exploit resulting in a $7 million Bitcoin loss. Attackers manipulated the price of the SATOSHI meme token in a liquidity pool, inflating its value before draining funds. This caused Odin.fun to suspend all trading and withdrawals to protect users’ assets. The platform’s founder confirmed the breach and …
August 2025 — Ethereum’s network activity is surging, with daily transactions hitting a record 1.875 million. The spike in on-chain usage comes as ETH’s price approaches its all-time high of $4,878, last set in November 2021. Analysts note that rising transaction volumes often signal heightened demand for network resources, potentially reinforcing bullish momentum in the market.
CMB International Asset Management has teamed up with Singapore-based DigiFT to tokenize its USD Money Market Fund. This innovative token product, recognized by regulators in Hong Kong and Singapore, is deployed across multiple blockchains including Solana, Ethereum, Arbitrum, and Plume. It supports multi-currency subscriptions and redemptions, offering real-time liquidity through advanced smart contracts. This marks …
Grayscale has taken a step toward broadening its crypto offerings by registering Cardano and Hedera Trust ETFs in Delaware. Filed on August 12, 2025, the move suggests possible plans for spot ETFs in both assets. While they still await regulatory approval, this signals Grayscale’s intent to go beyond Bitcoin and Ethereum, giving institutional investors more …
In August 2025, the Bitcoin Futures Power index fell to zero after a period of positive readings that aligned with BTC’s price growth. This neutral level signals a slowdown in futures market momentum, influenced by open interest, funding rates, and order imbalances. With Bitcoin trading near its all-time high, the index’s neutral stance raises the …
Fidelity Investments acquired $145 million worth of Ethereum (ETH), reflecting rising institutional demand for the cryptocurrency. This substantial purchase highlights Fidelity’s ongoing commitment to expanding its digital asset portfolio as Ethereum trades near $4,600. The move aligns with a broader trend of increased investment in Ethereum through spot ETFs and other institutional channels, signaling confidence …
Norway’s $1.7 trillion sovereign wealth fund, Norges Bank Investment Management (NBIM), increased its indirect Bitcoin exposure by 192%, rising from 3,821 BTC at the end of 2024 to 7,161 BTC in 2025. This surge, valued at approximately $844 million, primarily came through investments in leading Bitcoin-holding companies like Strategy and Marathon Digital. The move highlights …
An Ethereum Foundation-linked wallet sold 2,400 ETH at $4,602, just hours after offloading 1,695 ETH for $7.72 million in DAI. The wallet originally received 20,756 ETH from the Foundation’s “EF 1” address in 2017. Such transactions are part of the Foundation’s routine treasury and funding strategy, supporting operations, grants, and ecosystem development. The sale comes …
U.S. spot Ethereum ETFs attracted $523.9 million in net inflows on Tuesday, following Monday’s $1.02 billion record. This marks six consecutive days of gains, totaling $2.33 billion. BlackRock’s ETHA led with $318.67 million, followed by Fidelity’s FETH at $144.9 million. ETH traded near $4,667, close to its $4,878 record, as institutional demand and corporate treasury …
Grayscale has introduced two single-asset investment trusts, giving investors direct access to the DEEP and WAL tokens. DEEP powers DeepBook, a decentralized order book for high-speed, efficient trading, while WAL drives Walrus, a secure, scalable on-chain data storage solution. Both protocols are part of the Sui blockchain, known for its low fees, fast transactions, and …
Crypto.com and VivoPower have announced a strategic partnership where Crypto.com will provide custodial services to support VivoPower’s expanding digital asset treasury and mining operations. Through this collaboration, VivoPower’s shares will be accessible for trading on platform, reaching its 150 million users. Shareholders will also benefit from enhanced liquidity in XRP and other digital assets, alongside …
BitMine, a major Ethereum treasury company, has updated its prospectus to increase the size of its Common Stock offering to $24.5 billion. This total includes $2 billion from the current prospectus, $2.5 billion from a previous supplement, and an additional $20 billion from the latest filing. The capital raise is aimed at aggressively expanding BitMine’s ETH holdings, further securing …
The latest U.S. Consumer Price Index (CPI) data shows inflation holding steady at 2.7% in the most recent reading, matching the previous month but coming in just under the 2.8% expected by economists. The flat reading suggests price growth is stabilizing, providing a cautious boost to hopes that inflationary pressures may be easing. While still …
SlowMist’s founder confirmed that the Qubic mining pool has successfully carried out a 51% attack on Monero. Qubic now controls most of the network’s hashrate, causing a significant chain reorganization. This control lets Qubic rewrite transaction history, perform double-spend attacks, and block transactions. Ledger’s CTO warned that sustaining this attack could cost around $75 million …
Real estate investor Grant Cardone has announced plans to invest $1 billion in Bitcoin, signaling one of his boldest forays into cryptocurrency. Cardone, famous for building a vast property empire, says the move reflects his confidence in Bitcoin as both a store of value and protection against economic uncertainty. While he hasn’t shared a timeline or purchase specifics, the announcement …
Stripe is developing a new blockchain called Tempo in partnership with crypto venture capital firm Paradigm. Designed as a high-speed, payments-focused Layer 1, Tempo is compatible with Ethereum’s programming language, making it easy to integrate with existing tools. Currently in stealth mode with a small team, the project aims to make cross-border payments faster, cheaper, and more efficient. …
Japan-listed firm Metaplanet has increased its Bitcoin holdings, purchasing 518 BTC for approximately $61.4 million at an average price of $118,519 per coin. Following this move, the company now holds a total of 18,113 BTC, worth around $1.85 billion, with an average purchase price of $101,911 per bitcoin. This latest acquisition underscores Metaplanet’s ongoing commitment to Bitcoin as a key asset in its treasury strategy.
SharpLink has struck a $400 million registered direct offering deal with five global institutional investors. Combined with its unused $200 million at-the-market (ATM) facility, the funds will bolster the company’s already substantial crypto reserves. SharpLink currently holds about 598,800 ETH, and with this fresh capital, its Ethereum treasury is projected to top $3 billion. The …
Chainlink has partnered with Intercontinental Exchange (ICE) to bring high-quality foreign exchange and precious metals data directly to blockchain networks. Powered by ICE’s Consolidated Feed, which sources market data from over 300 global exchanges, the information will be integrated into Chainlink’s Data Streams used by more than 2,000 decentralized applications. The partnership aims to boost …
Blue Origin, Jeff Bezos’ $180 billion space company, has started accepting Bitcoin and other cryptocurrencies as payment for trips aboard its New Shepard rocket. Powered by Shift4 Payments, customers can now book commercial spaceflights using Bitcoin, Ethereum, Solana, and stablecoins. This option aims to simplify transactions and tap into crypto users wanting a new way …
Bitmine owns the world’s largest Ethereum reserve valued at approximately $4.96 billion, making it the third-largest crypto treasury overall. The company has rapidly accumulated a vast amount of ETH, surpassing many public firms, and has a significant stake in the Ethereum ecosystem. Bitmine’s strategy focuses on long-term holding and benefits from Ethereum’s growing role in …
On August 11, 2025, Bitcoin jumped more than 3%, climbing past $122,000 and edging closer to its record high. Ethereum also rallied, crossing $4,300, its strongest level since late 2021. The total cryptocurrency market cap rose 2% to above $4.1 trillion. Gains spread across sectors like NFTs and DeFi, with several top tokens seeing double‑digit …